The non-partisan California Budget Project recent published To Have and Have Not, an analysis of corporate tax cuts included in the September 2008 and February 2009 budget agreements will result in a loss of $2 billion a year, and potentially as much as $2.5 billion a year.

Jean Ross, executive director of the California Budget Project, said, “These tax cuts were slipped into budget deals at the last minute, with no public input, during the worst budget crisis in the state’s history. As lawmakers consider eliminating health coverage for over a million children and slashing funding for education, voters should ask whether we can afford billions of dollars of permanent tax breaks.”

Read the full California Budget Project analysis here.

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